Active Listing  ·  63 days on market

1212 Guadalupe St #903

Austin, TX 78701
$417,500
1 Bed 1 Bath 850 sqft $491/sqft Built 1973 0.01 acres 1-Car Garage Pool Penthouse Condo

Experience the best of downtown living from this spacious one-bedroom residence at The Penthouse. Perched on the 9th floor, this north-facing home is filled with natural light through an entire wall of windows, showcasing sweeping views of the Austin skyline and Hill Country. A welcoming entry with built-in bookcases opens to an expansive living area with ample space for a home office, reading nook, or additional seating. The updated eat-in kitchen features granite countertops, refreshed cabinetry, stainless steel appliances, and a double oven. Throughout the home, polished concrete floors and finished ceilings create a clean, modern-industrial aesthetic. The generous bedroom includes a reimagined walk-in closet and a beautifully updated bathroom complete with a dual-sink vanity, walk-in shower, and plumbing for an all-in-one washer and dryer. Residents enjoy one deeded, covered parking space in the controlled-access garage. Monthly HOA dues include electricity, gas, water, sewer, trash, and common area maintenance, offering exceptional value and convenience. Located just two blocks from the Texas State Capitol and approximately one mile from The University of Texas, this highly walkable downtown location places restaurants, entertainment, shopping, and everyday conveniences just moments from your doorstep.

At $491/sqft, this home is priced 26% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1212 Guadalupe St #903, Austin, TX 78701

Property Details

Price $417,500
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 850 sqft
Lot Size 0.01 acres (257 sqft)
Year Built 1973
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Penthouse Condo
County Travis
Zip Code 78701
$/sqft $491/sqft
Days on Market ,
HOA $685.6/Monthly
Annual Tax Est. $8,371.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242602186
List Date September 10, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Mathews · O Henry · Austin

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 10, 2026 $437,500
Current ask $417,500
▼ Reduced $20,000 (-4.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2529 Rio Grande St #70
Orange Tree Condominia Amd
$419,000 $396 2 bd / 2 ba 1,057 sqft , 2025-08-22
360 Nueces St #2110
Residential Condo Amd 360
$419,000 $544 1 bd / 1 ba 770 sqft , 2026-06-14
800 Embassy Dr #124
Tyndall/Robertson Hill Condos
$419,900 $422 1 bd / 1 ba 995 sqft , 2026-10-14
2505 San Gabriel St #304
Texan Tower Condo Amd
$415,000 $363 2 bd / 2 ba 1,142 sqft , 2026-08-08
360 Nueces St #1018
Residential Condo Amd 360
$415,000 $546 1 bd / 1 ba 760 sqft , 2026-08-21

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,004/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$83,500
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$2,004
Principal + Interest−$2,278
Property Tax (assumed ~2.1%)−$731
Insurance (assumed ~0.5%)−$174
Est. Monthly Cash Flow $-1,179

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 11, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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